BitShare

Yahoo! is in talks to purchase Tumblr for estimated $1bn

imageCould this be the end of a good thing? It’s quite possibly so, if the news about Yahoo! being in serious talks to purchase Tumblr for an estimated $1 billion is true.

I say this because Tumblr although quite successful over the past couple of years, is still relatively small and has a start-up feeling. It’s young demographic, and quick rise to fame though, makes Tumblr an appealing choice to the aging and desperate Yahoo! - for which Yahoo!’s CEO Marissa Mayer wants in on the young user base that Tumblr has endless amounts of.

And if Mayer gets her way and purchases Tumblr, it could mark the end of a start-up and the beginning of Tumblr being part of a huge corporation with lots of red tape, which will surely stifle any sort of reactionary new innovative ideas. Hopefully David Karp and company will stay true to their roots and ideas on this one, as Tumblr doesn’t need Yahoo! to remain a success story.

All Things D says sources that are working closely on the deal state that the interest has gotten stronger.

[…] more recently, coming at the same time as Tumblr has been stepping up its efforts to raise a large funding round that could value the New York company at $1 billion. In a series of fundings since 2007, Tumblr has raised $125 million so far, at a reported valuation of $800 million.

In the latest round, one source close to the situation said Tumblr was considering “strategic” investments, which would presumably be of the kind that Yahoo! had tried and failed to do recently with France’s Dailymotion video service. Since then, Mayer and her team have looked at the ongoing deal to purchase Hulu that has many possible other bidders.

Tumblr is different from Dailymotion or Hulu, of course, in that it focuses heavily on user-generated content, largely text and photos, although there is an increasing use of video on the site.

But this puts it directly in Yahoo’s main wheelhouse, especially recent efforts to undergird its strong set of existing media offerings to appeal to a different audience and also get into the social space via consumer-based software solutions that are both elegant and easy to use.

  1. djkasp reblogged this from bitshare
  2. shock-lightning reblogged this from kristinaplusplus
  3. destructofrog reblogged this from squeewentthefangirl
  4. skittermynutella reblogged this from hermionique
  5. fangaliciouss reblogged this from hermionique
  6. hermionique reblogged this from bitshare
  7. a-little-bit-manic reblogged this from jmek and added:
    Nooooooo
  8. what-answer reblogged this from bitshare
  9. carrazo reblogged this from bitshare and added:
    Genial para mi novia :3
  10. lalakipoako reblogged this from bitshare
  11. saraahlynne reblogged this from canadian-communist
  12. horaciusl said: yahoo screws everything it buys, I know for experience.
  13. reader-watcher-listener reblogged this from ajrmoore
  14. dakdad reblogged this from bitshare and added:
    I sincerely hope this would not happen! I like yahoo, I do. But, I love Tumblr. It shouldn’t be a Yahoo company. It just...
  15. yoursocietysatiristdelivered reblogged this from bitshare
  16. formandflow reblogged this from stillmank and added:
    Why do greedy mofos gotta shit on everything I love?
  17. laangelsforlife reblogged this from lacedupdeadhead19xx
  18. yeezymac reblogged this from climateadaptation and added:
    noooooo
  19. irrelevantpanda reblogged this from wolfdancer
  20. akhood reblogged this from shychemist and added:
    NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO...
  21. lacedupdeadhead19xx reblogged this from discoveryistobedisowned
  22. pragmaticaddicttttt reblogged this from irnclf13
  23. javasnob reblogged this from wolfdancer and added:
    Say it ain’t so! Yahoo! sucks!
  24. gigantehk reblogged this from bitshare
  25. komaedas-butt reblogged this from mjolnir-is-so-damn-done
  26. jazzygerman reblogged this from vomit-self
  27. kvallning reblogged this from shychemist
  28. shychemist reblogged this from monchuinne
  29. wolfdancer reblogged this from purplegem
  30. discoveryistobedisowned reblogged this from radon-t

Help support us and please take a moment to visit one of our sponsors below

    
Recent tweets about BitShare